Propylene prices in Asia remained unchanged on Monday, despite an uptick in energy values. According to a market source speaking to Polymerduniya, cautious sentiment from buyers counterbalanced the upward pressure from rising crude oil prices, resulting in a stable pricing environment across the region. “Even though crude prices have been climbing, Asian propylene prices did […]
A Polymerduniya source in Pakistan reports that a Saudi Arabian producer has floated an offer for polypropylene raffia grade, priced at USD 1,060 per tonne CFR Karachi for August 2025 shipment. This offer comes amid generally soft regional levels where prevailing PP raffia pricing in Pakistan fell within the USD 930–960/mt band recently, indicating that the Saudi-origin […]
A Pakistani Polymerduniya source reports that a Saudi Arabian supplier has offered polypropylene injection grade cargo for August 2025 shipment to Karachi Port at a price of USD 1,070 per tonne CFR. This offer arrives at a premium to recent observed levels, where Pakistan’s PP injection prices typically ranged between USD 950–990/mt CFR in previous months. Market […]
A Saudi Arabian PP film offering for August 2025 shipment on CFR Karachi basis has emerged with a quoted price of USD 1,140/mt, according to a local Polymerduniya source in Pakistan. Though the supplier is unnamed, this offer stands well above recently observed benchmark levels in the region. For context, last week’s prevailing offers for PP […]
Demand in Karachi’s open polymer markets on Monday, July 28, 2025, was notably sluggish, with prices generally softer across the board. Polypropylene raffia traded at around PKR 356–358/kg, injection grade at PKR 357–359/kg, and film grade at PKR 365–367/kg. PPCP exchanged hands around PKR 379–381/kg, while random copolymer was priced at PKR 421–423/kg. On the HDPE front, injection grade fell […]
India and the United Kingdom formally sealed the Comprehensive Economic and Trade Agreement (CETA) on July 24, 2025, signaling a major deepening of economic ties between the two nations. Negotiated since January 2022 and finalised in principle in May, the pact unlocks tariff-free access for 99% of Indian exports to the UK, encompassing textiles, apparel, […]
Shell Chemicals has announced a planned maintenance program for its ethylene glycol (EG) and ethylene oxide (EO) units at the Geismar, Louisiana site, scheduled for August 2025. According to industry sources, the company will temporarily halt operations at both units, though exact dates and downtime are yet to be confirmed. The EG unit capacity stands […]
The European Commission has initiated provisional anti-dumping duties on acrylonitrile-butadiene-styrene (ABS) resin imports originating from South Korea and Taiwan, following conclusive findings of injurious price undercutting that have harmed the EU plastics industry. Duty levels vary by exporter: South Korea’s LG Chem faces a duty of 3.7%, Lotte Chemical is subject to 5.8%, while other […]
Rosneft-backed Nayara Energy has doubled down on its long-term commitment to India’s downstream energy expansion, reaffirming plans to invest ₹70,000 crore (approximately $8 billion) in refining, petrochemicals, ethanol plants, and retail infrastructure, even as it finds itself ensnared in the European Union’s latest sanctions package targeting Russian-linked oil interests. In a strongly worded statement, Nayara slammed the […]
Last week, ethylene prices across Asia were largely unchanged, underscoring a subdued trading landscape. FOB Korea assessments stood at USD 770–780/mt, while FOB Japan held at USD 765–775/mt, both mirroring prices from the preceding week. CFR Northeast Asia ethylene remained flat at USD 815–825/mt, and CFR Southeast Asia also held steady at USD 825–835/mt. Market participants noted a distinct […]
We are the leading information provider of the Petrochemical Industry and Our team comes with a strong background of Petrochemical industry and has experience of over 28 years.
